The Richest in the World

Politics · 2026-11-03

LA Voters Back a 5% Billionaire Tax and Voter ID at the Same Time

#billionairetax#billionaires#politics

California's billionaires are on the ballot on Tuesday. Proposition 40 would impose a one-time 5% tax on the net worth of the state's billionaires, while Proposition 39 would require Californians to show government-issued ID to vote in person, the New York Post reports. On the eve of the vote, many Los Angeles voters interviewed by the California Post said they support both, an unexpected crossover between a measure associated with Democrats and one usually championed by Republicans. "Let them have it. They deserve to be taxed," artist Sandy Weiner said of the billionaire tax, adding that the money should go to health, education and welfare. Weiner also called voter ID common sense: "I always show ID anyway." The result will show how far California voters want to go in taxing the very richest.

Read the original report at New York Post →

Written with the help of AI by Ghostwriter KIERO SWISS from the sources named in the article.

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